Quick Takeaways
  • Maruti Suzuki India Limited Q3 FY26 results highlight record quarterly sales and resilient profitability.
  • Maruti Suzuki strengthens market leadership with higher domestic volumes, exports, and EV roadmap clarity.
On Q3 FY2025-26 results announcement, Maruti Suzuki India Limited reported net sales of ₹47,534 crore, marking a robust 29.2% rise from ₹36,802 crore in the corresponding quarter of the previous fiscal year. Net profit increased 3.7% year-on-year to ₹3,794 crore, even after absorbing a one-time provision of ₹594 crore linked to the New Labour Codes.
Record Domestic Volumes Drive Maruti Suzuki India Limited Q3 FY26 Results
Maruti Suzuki India Limited Q3 FY26 results were underpinned by the highest-ever quarterly domestic sales of 5.65 lakh units, reflecting a 20.9% increase from 4.67 lakh units a year earlier. Including exports, total volumes touched an all-time high of 6.68 lakh units, up 17.9% compared with Q3 FY2024-25.
The company attributed this growth to a clear recovery in the Indian passenger vehicle market following GST reform. Small cars, now taxed at an 18% GST rate, contributed 68,328 units to the overall domestic volume increase of 97,676 units during the quarter.
Export Growth Supports Overall Sales Performance
Exports during the quarter reached 1.03 lakh units, compared with 99,220 units in the same period last year, translating into a growth of 3.9%. This steady expansion in overseas shipments complemented strong domestic demand and supported overall volume growth in Maruti Suzuki India Limited Q3 FY26 results.
Nine-Month Performance Sets New Benchmarks
For the April–December period, Maruti Suzuki delivered its best-ever nine-month performance across key indicators. Net sales rose 17% to ₹1,24,291 crore from ₹1,06,259 crore in 9M FY2024-25, while net profit increased 4% to ₹10,855 crore from ₹10,440 crore in the year-ago period.
Total sales volumes for the nine months stood at 17.47 lakh units, representing a 7.2% rise over 16.30 lakh units last year. Domestic sales accounted for 14.36 lakh units, while exports contributed 3.11 lakh units, highlighting a balanced growth mix.
Electric Vehicle and Global Expansion Updates
Maruti Suzuki also advanced its future mobility strategy by unveiling its first electric vehicle, the e Vitara, at the Bharat Mobility Global Expo 2025 in January. The electric SUV is offered with 49kWh and 61kWh battery pack options and a claimed range of up to 543 km, with a market launch expected in early 2026.
In parallel, the company commenced exports of its premium SUV Victoris, sold internationally as “Across,” to more than 100 countries. The first shipment of over 450 vehicles was dispatched from Gujarat ports in mid-January, reinforcing Maruti Suzuki’s growing global footprint alongside its strong domestic performance.
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